BEVERLY, FANTASTIC INVESTMENT OPPORTUNITY. Prime residential downtown location comprised of 50% single family homes. Great opportunity to own one of the finest rental properties in Beverly, consistingg of 5 units. 4 - one bdrms, 1- two bdrm. All units are Tenant at Will. Coin operated W/D. This great rental location is only one block to downtown with a myriad of upscale dining establishments, 3 theaters, art school,shopping, nightlife and commuter train to Boston. Only two short blocks to ocean. Building has a FHW boiler by gas/ separate HW tank by gas. Same owners since 1979 and they have not been aggressive about staying current with market conditions and as a result all the RENTS ARE FAR BELOW MARKET VALUE. NEW roof 2019. See attached documents for more details.
Off market
$1,001,000
24 Washington St, Beverly, MA 01915
6beds
3,747sqft
MultiFamily
Built in 1900
-- sqft lot
$1,001,000 Zestimate®
$267/sqft
$3,828 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Interior area
- Total interior livable area: 3,747 sqft
Property
Lot
- Size: 5,662 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Beverly
Other
Other facts
- Basement Feature: Full
- Construction: Frame
- Foundation: Fieldstone
- Hot Water: Natural Gas
- Road Type: Public
- Roof Material: Asphalt/Fiberglass Shingles
- Amenities: Shopping, Medical Facility
- Beach Description: Bay, Harbor, Ocean
- Beachfront Flag: Yes
- Apod Available: Yes
- Exterior Features: Porch, Deck, Gutters, Screens
- Lot Description: Level
- Beach Ownership: Public, Private
- Year Round: Yes
- Beach Miles To: 1/10 To 3/10
- Mf Type: 5-9 Family
- Exterior: Aluminum
Services availability
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Estimated market value
$1,001,000